Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.025%
Price spread now: Injective against Nado+0.251%7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.251%, 7d avg +0.109%
=Together, before fees−0.088%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.142% dearer against Nado than usual: you sell high and buy low (spread +0.251% now, against its 7-day average of +0.109%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAUT-PERP | 4,338.9 | 0.0100 | pay 0.0012% / 1h | 30m 37s | $4.2M | $911K | 10x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 30m 37s | $8K | $149K | 30x |
Nado XAUT-PERP
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +0.251% → +0.109%
- $14.19
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$6.83
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 3 min ago | 0.12 bp | 4.8 bp −$5 | 7.4 bp −$74 | 687.5 bp −$68.7K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAUT on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0344% | 1h | 4,338.2 | −0.015% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0044% | 4h | 4,337.6 | −0.031% | $25.8M | $15.4M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,339.9 | +0.023% | $130.4M | $8.2M | 100x | as long as short |
| Variational Omni XAUT | +0.0028% | 4h | 4,338.1 | −0.019% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | +0.251% | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,337.5 | −0.032% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0055% | 4h | 4,338.2 | −0.016% | $35.1M | $45.3M | 75x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,336.9 | −0.046% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERPlong | +0.0100% | 1h | 4,338.9 | long leg | $4.2M | $911K | 10x | |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,338.4 | −0.011% | $120.1M | $27.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
Bybit XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,338.6 | −0.007% | $391.8M | $271.1M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,339.4 | +0.012% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,338.7 | −0.004% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,338.3 | −0.015% | $308 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,338.7 | −0.005% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,339.3 | +0.010% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,345.8 | +0.160% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,337.8 | −0.025% | $1.8M | $227K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,340.1 | +0.028% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,338.7 | −0.005% | $2.3M | $1.6M | 75x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT